Alliston Enters into an Agreement with Berkley That,for $2,000,gives Him

True/False

Alliston enters into an agreement with Berkley that,for $2,000,gives him the right to agree to purchase Berkley's screen printing business within the next 30 days for $50,000.If Alliston decides to buy,they agree that the $2,000 will be the down payment on the purchase price.This agreement is an option.